Send a text

Tax rules shouldn’t hold your business back. We take you behind the headlines on Making Tax Digital and show how sole traders and landlords can turn quarterly submissions into a simple, powerful system for visibility, planning, and growth. If your turnover hits £50,000 from April 2026, you’re in scope for MTD-ITSA, with the threshold dropping to £30,000 in 2027 and likely £20,000 after. We clarify who’s affected, who isn’t (limited companies and partnerships, for now), and why the VAT threshold keeps pushing owners to cap their income at £90,000.

We dig into what actually changes: five submissions a year, not four; combined turnover for landlords and trades; software that connects bank feeds, invoices, and receipts without the spreadsheet chaos. Expect plain talk on registration hurdles, HMRC’s creaky systems, and why June and July will be a pinch point. Then we flip the script—use the quarterly rhythm to nail your bookkeeping, forecast your tax, tighten cash flow, and catch margin leaks early. We share pragmatic software routes, from bank-bundled tools to purpose-built landlord options, plus our candid view on bridging tools, costs, and where they fall short.

You’ll also hear how to avoid the big traps: ignoring the rules, leaving everything to your accountant without a plan, mixing personal and business money, or rushing into a limited company just to dodge admin. With clear thresholds, a realistic timeline, and a simple workflow, MTD can become your business dashboard, not a burden. If you’re ready to get ahead of the curve, press play, take notes, and start setting up your system today. Enjoyed the conversation? Follow the show, leave a review, and share this with a sole trader who needs a straight answer on MTD.

🎧 Listen now on Spotify & Apple Music and don’t forget to subscribe, share, and leave a review – and send us your questions for future episodes!